<article>Nasdaq-listed luxury e-commerce firm <a href="https://www.dealstreetasia.com/tag/reebonz-holding-limited/">Reebonz Holding Limited</a> has submitted a revised filing to downsize its ongoing equity and warrants offering.</article>

Nasdaq-listed luxury e-commerce firm <a href="https://www.dealstreetasia.com/tag/reebonz-holding-limited/">Reebonz Holding Limited</a> has submitted a revised filing to downsize its ongoing equity and warrants offering.
According to the filing on April 11, the firm is now offering $13.8 million ordinary shares with a par value of $0.0008 per share, and warrants to purchase $17.25 million worth of ordinary shares. The pricing and timing of the combined $31.05-million offering were not disclosed.
Reebonz has also granted the underwriters an option to purchase an additional $2.25 million worth of ordinary shares and/or warrants.
The company has trimmed the size of its latest equity and warrants offering from $51.75 million earlier.
Following the latest announcement, the Reebonz stock closed Thursday’s market session (April 11, 2019) at $8.64, down 25 cents, or 2.81 per cent. During early pre-market opening hours at 4:04 pm SGT (April 12, 2019), the counter fell by another $1.07, or 12.38 per cent at $7.57, according to data provided by Yahoo! Finance.
On Thursday, Reebonz shares saw relatively low trading volume, with 94,840 shares traded as compared to the three-month average daily volume of 748,990 shares. The public float has also fallen from 1.13 million shares last week to 386,420 shares as of April 11.
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<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/reebonz-reverse-stock-split-126252/">Does Reebonz’s latest reverse stock-split exercise matter to investors?</a>

Reebonz Holding Limited offering $13.8 million ordinary shares with a par value of $0.0008 per share, and warrants to purchase $17.25 million worth of ordinary shares.

Singapore's Reebonz trims equity and warrants offering to $31m

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Singapore's Reebonz trims equity and warrants offering to $31m

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